CCH Tax Day Report Various prescribed rates for federal income tax purposes for July 2017 have been provided by the IRS. The annual short-term, mid-term and long-term applicable federal interest rates (AFRs) are 1.22 percent, 1.89 percent and 2.60 percent, respectively. The semiannual short-term, mid-term and long-term AFRs are 1.22 percent, 1.88 percent and 2.58 […]

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